There is good news for the global airline industry. Going by the
facts, figures, and even performances in the bygone year, the industry
should expect happy times ahead in this year. However, two prime factors
to be credited for the joyous news include mounting travel demand and
steady fuel prices.

Though the news is happy for the airline management, top-level
executives, investors, and shareholders only time will tell as to who
will ultimately benefit in the end. It is not even evident as when will
these profits be passed down.

On the other side, the airlines may even go ahead and decide to cut down
fare prices. Passengers should hope for the best and pray that the
airlines take a few decisions in their favor. Another, good news is that
analysts expect the big players not to fiddle much with the fare
pricing owing to still and steady competition from the budget carriers.
The constant pressures on big daddies of the open skies will be forced
to keep the thought of hiking the fares at bay, at least this year!

This year passengers should stop bothering about price rise on airline
tickets and plan that much awaited holiday with their loved ones
anywhere in the world. Some experts even suggest that airlines will
rather invest in the comforts of the passengers. They are set to divert
their energies into refurbishing the existing seats by making them more
spacious, enhancing the entertainment options, and innovating their
onboard menus.

All these factors will count in their favor and the major airlines
around the world will together accumulate profits of $19.7 billion in
2014, exceeding their previous high of $19.2 billion in 2010.